← METTLER TOLEDO INTERNATIONAL INC/
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net earnings | $384.4m | $376.0m | $512.6m | $561.1m | $602.7m | $769.0m | $872.5m | $788.8m | $863.1m | $869.2m | |
| Net Income (Loss) Attributable to Parent | — | — | $512.6m | $561.1m | $602.7m | $769.0m | $872.5m | $788.8m | $863.1m | $869.2m | |
| Depreciation | $32.7m | $33.5m | $37.2m | $39.0m | $42.0m | $45.0m | $46.8m | $49.0m | $50.4m | $51.1m | |
| Amortization | $36.1m | $42.7m | $47.5m | $49.7m | $56.7m | $63.1m | $66.2m | $72.2m | $72.9m | $74.5m | |
| Amortization of Deferred Charges | — | — | $47.5m | $49.7m | $56.7m | $63.1m | $66.2m | $72.2m | $72.9m | $74.5m | |
| Amortization of Intangible Assets | — | — | $14.3m | $15.1m | $15.7m | $22.5m | $26.5m | $27.6m | $27.1m | $28.5m | |
| Capitalized Computer Software, Amortization | — | — | $33.0m | $34.4m | $40.7m | $40.4m | $39.6m | $44.4m | $45.6m | $45.8m | |
| Deferred tax (benefit) provision | $1.9m | ($2.7m) | $2.3m | $11.2m | ($12.8m) | $563k | $26.5m | ($13.4m) | ($5.2m) | $17.5m | |
| Deferred Income Tax Expense (Benefit) | $1.9m | ($2.7m) | $2.3m | ($4.6m) | ($12.8m) | $563k | $26.5m | ($13.4m) | ($5.2m) | $17.5m | |
| Share-based compensation | $15.3m | $16.6m | $17.6m | $18.3m | $18.7m | $19.6m | $19.7m | $17.9m | $20.0m | $22.5m | |
| Share-based Payment Arrangement, Noncash Expense | — | — | $17.6m | $18.3m | $18.7m | $19.6m | $19.7m | $17.9m | $20.0m | $22.5m | |
| Income Tax Expense (Benefit) | — | — | $139.2m | $120.3m | $146.0m | $180.4m | $198.1m | $184.9m | $174.1m | $179.7m | |
| Operating Lease, Expense | — | — | $38.9m | $39.2m | $39.7m | $41.7m | $42.8m | $45.9m | — | — | |
| Other Nonoperating Income (Expense) | — | — | $21.8m | $6.2m | $13.8m | $3.1m | $9.3m | $4.1m | $4.6m | $16.8m | |
| Other | $181k | $243k | ($2.6m) | $133k | ($2.4m) | $381k | $0 | $0 | ($23.0m) | ($13.7m) | |
| Trade accounts receivable, net | ($52.2m) | ($39.0m) | ($19.5m) | ($31.4m) | ($4.5m) | ($66.5m) | ($83.4m) | $50.3m | ($53.0m) | ($46.3m) | |
| Inventories | ($12.4m) | ($13.7m) | ($21.2m) | ($4.6m) | ($3.8m) | ($118.7m) | ($43.4m) | $71.0m | $24.1m | ($7.7m) | |
| Other current assets | $291k | ($6.3m) | $622k | ($335k) | ($4.8m) | ($5.0m) | ($16.3m) | $20.7m | ($1.0m) | ($10.8m) | |
| Trade accounts payable | $9.6m | $11.9m | $33.7m | ($12.2m) | ($17.8m) | $94.0m | ($13.8m) | ($40.6m) | $12.1m | $33.8m | |
| Taxes payable | ($3.1m) | $13.6m | ($1.5m) | ($6.2m) | $14.0m | $19.7m | $55.9m | $12.3m | ($11.9m) | ($18.8m) | |
| Accruals and other | $39.8m | $15.0m | ($26.6m) | ($5.4m) | $36.6m | $81.0m | ($71.6m) | ($62.3m) | $19.9m | ($15.4m) | |
| Cash Provided by (Used in) Operating Activity, Including Discontinued Operation | $443.1m | $516.3m | $565.0m | $603.5m | $724.7m | $908.8m | $859.1m | $965.9m | $968.3m | $955.8m | |
| Proceeds from government funding | — | — | — | — | — | — | $29.7m | $6.1m | $0 | $6.2m | |
| Acquisitions | ($111.4m) | ($108.4m) | ($5.5m) | ($2.0m) | ($6.2m) | ($220.9m) | ($38.0m) | ($5.8m) | ($10.1m) | ($93.8m) | |
| Proceeds from borrowings | $905.8m | $1.2b | $940.6m | $1.4b | $1.5b | $2.4b | $2.3b | $2.1b | $2.2b | $2.0b | |
| Repayments of borrowings | ($594.2m) | ($1.2b) | ($876.3m) | ($1.2b) | ($1.5b) | ($2.0b) | ($1.9b) | ($2.1b) | ($2.2b) | ($2.0b) | |
| Proceeds from exercise of stock options | $25.5m | $28.6m | $24.6m | $47.6m | $26.7m | $20.5m | $33.2m | $19.2m | $23.7m | $32.3m | |
| Acquisition contingent consideration paid | — | $0 | $0 | ($10.0m) | $0 | $0 | ($7.9m) | ($7.8m) | $0 | $0 | |
| Interest | $28.0m | $33.3m | $34.5m | $37.5m | $37.8m | $41.3m | $52.3m | $75.6m | $75.9m | $66.6m | |
| Taxes | $92.6m | $109.7m | $132.4m | $129.3m | $134.7m | $152.7m | $114.0m | $178.3m | $209.4m | $180.8m | |
| Increase (Decrease) in Accounts Receivable | — | — | $19.5m | $31.4m | $4.5m | $66.5m | $83.4m | ($50.3m) | $53.0m | $46.3m | |
| Increase (Decrease) in Inventories | — | — | $21.2m | $4.6m | $3.8m | $118.7m | $43.4m | ($71.0m) | ($24.1m) | $7.7m | |
| Increase (Decrease) in Accounts Payable | — | — | $33.7m | ($12.2m) | ($17.8m) | $94.0m | ($13.8m) | ($40.6m) | $12.1m | $33.8m | |
| Goodwill | — | — | $534.8m | $536.0m | $550.3m | $648.6m | $660.2m | $670.1m | $668.9m | $739.2m | |
| Proceeds from Stock Options Exercised | $25.5m | $28.6m | $24.6m | $47.6m | $26.7m | $20.5m | $33.2m | $19.2m | $23.7m | $32.3m | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | — | — | ($2.4m) | $861k | ($11.1m) | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $443.1m | $516.3m | $565.0m | $603.5m | $724.7m | $908.8m | $859.1m | $965.9m | $968.3m | $955.8m | |
| Cash flows from investing activities: | |||||||||||
| Proceeds from sale of property, plant and equipment | $423k | $12.0m | $8.2m | $1.4m | $3.1m | $3.7m | $399k | $835k | $1.6m | $0 | |
| Purchase of property, plant and equipment | ($124.0m) | ($127.4m) | ($142.7m) | ($97.3m) | ($92.5m) | ($107.6m) | ($121.2m) | ($105.3m) | ($103.9m) | ($107.1m) | |
| Payments to Acquire Property, Plant, and Equipment | ($124.0m) | ($127.4m) | $142.7m | $97.3m | $92.5m | $107.6m | $121.2m | $105.3m | $103.9m | $107.1m | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | $5.5m | $2.0m | $6.2m | $220.9m | $38.0m | $5.8m | $10.1m | $93.8m | |
| Other investing activities | ($3.5m) | ($6.6m) | ($1.1m) | $1.2m | $4.7m | ($10.7m) | $10.3m | $27.5m | ($7.1m) | $919k | |
| Payments for (Proceeds from) Other Investing Activities | — | — | ($1.1m) | $1.2m | $4.7m | ($10.7m) | $10.3m | $27.5m | $7.1m | ($919k) | |
| Net cash used in investing activities | ($231.5m) | ($217.3m) | ($138.9m) | ($99.1m) | ($100.4m) | ($314.1m) | ($139.4m) | ($131.7m) | ($119.5m) | ($193.9m) | |
| Net Cash Provided by (Used in) Investing Activities | ($231.5m) | ($217.3m) | ($138.9m) | ($99.1m) | ($100.4m) | ($314.1m) | ($139.4m) | ($131.7m) | ($119.5m) | ($193.9m) | |
| Cash flows from financing activities: | |||||||||||
| Repurchases of common stock | ($500.0m) | ($400.0m) | ($475.0m) | ($775.0m) | ($775.0m) | ($1,000.0m) | ($1.1b) | ($900.0m) | ($850.0m) | ($800.0m) | |
| Payments of Excise Tax on Repurchases of Common Stock | — | — | — | — | — | — | $0 | $0 | ($8.1m) | ($7.8m) | |
| Payments for Repurchase of Common Stock | — | — | $475.0m | $775.0m | $775.0m | $1,000.0m | $1.1b | $900.0m | $850.0m | $800.0m | |
| Other financing activities | — | ($7.2m) | ($1.9m) | $1.8m | ($800k) | ($3.0m) | ($1.2m) | ($826k) | ($2.9m) | ($1.2m) | |
| Proceeds from (Payments for) Other Financing Activities | — | — | ($1.9m) | $1.8m | ($800k) | ($3.0m) | ($1.2m) | ($826k) | ($2.9m) | ($1.2m) | |
| Net cash provided by (used in) financing activities | ($145.9m) | ($319.5m) | ($388.0m) | ($477.4m) | ($743.9m) | ($590.5m) | ($716.0m) | ($859.6m) | ($856.0m) | ($755.2m) | |
| Effect of Exchange Rate on Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation | — | — | — | — | $6.0m | $142k | ($6.2m) | ($754k) | ($3.4m) | $801k | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | $6.0m | $142k | ($6.2m) | ($754k) | ($3.4m) | $801k | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | — | ($113.5m) | $4.3m | ($2.6m) | ($26.2m) | ($10.4m) | $7.5m | |
| Net increase (decrease) in cash and cash equivalents | $59.8m | ($10.0m) | $29.4m | $29.7m | ($113.5m) | $4.3m | ($2.6m) | ($26.2m) | ($10.4m) | $7.5m | |
| Cash and Cash Equivalents, at Carrying Value, Beginning | $98.9m | $158.7m | $148.7m | $178.1m | $207.8m | $94.3m | $98.6m | $96.0m | $59.4m | $66.9m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | — | — | — | $59.4m | $66.9m | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $34.5m | $37.5m | $37.8m | $41.3m | $52.3m | $75.6m | $75.9m | $66.6m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.